National Insurance Parivar Mediclaim Policy

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Introduction

“We make a life by what we give”. Parivar mediclaim policy covers your family under single floater sum insured against medical expenses and illnesses. Family cover consists of self, spouse and two dependent children.

Key Features

  • Pre-hospitalization expenses up to 15 days and post hospitalization expenses up to 30 days.
  • Expensed incurred for particular one illness is limited to 50% of sum insured.
  • Room charges are limited up to 1% of sum insured and ICU charges are limited up to 2% of sum insured.
  • Operation theater charges are limited to 10% of sum insured.
  • Copayment up to 10% to 25% is admissible in case of diabetes and hypertension.

Benefits

  • Tax benefits for premium paid can be availed under section-80 D of income tax.
  • Cashless facility can be availed within network hospitals.

Details about Premium

Sum insured can be chosen within the range of 2 lacs to 5 lacs in multiple of Rs50, 000.premium will be charged on the basis of age and sum insured chosen by the proposer.

Policy Details

Minimum sum insured: 2 lacs

Maximum sum insured: 5 lacs

Policy period: policy period for this policy is one year.

Grace period: In case of break in the policy, 30 days grace period is given to pay the premium. During this period coverage will not be applicable.

Renewal of policy: policy can be renewed till the age of 65 years.

Waiting period: any diseases contracted by the insured during the first 30 days from the date of commencement will not be covered under this policy.

Documents Required

Policyholder has to fill up an ‘Application form/ proposal form’ with accurate medical history along with the address proof. Medical examination may be required in some cases, based on the sum assured and the age of the person.

Eligibility Criteria

Persons in the age limit of 18-65 years can buy this policy.

Spouse, Dependent children between 3 months to 25 years can be covered.

Exclusions

  • All treatments other than allopathic are excluded.
  • Maternity expenses are excluded.
  • Dental expenses other thanexpense arising out of an accident are excluded.